Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates - 2022

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (FOB) - 2022
  2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (CIF) - 2022
  3. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates
  4. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $5,293 per ton in 2022, rising by 57% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($19,000 per ton), while the average price for exports to Togo ($581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+109.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (CIF) - 2022

The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $9,221 per ton in 2022, with an increase of 15% against the previous year. In general, the import price saw a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by 196%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,882 per ton), while the price for Myanmar ($432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates

In 2022, approx. 180 tons of spices; cloves (whole fruit, cloves and stems), crushed or ground were exported from the United Arab Emirates; growing by 802% against the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground skyrocketed to $953K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A2720%
Iran5.94.314.1243245.3%
Niger1.04.84.787.0343.1%
Senegal0.30.10.486.9561.7%
MauritaniaN/AN/AN/A56.90%
ChinaN/AN/A0.148.548400.0%
Ghana1.31.61.738.3208.9%
Iraq15.26.64.033.129.6%
Armenia1.30.60.212.0109.8%
Togo2.53.91.29.958.2%
Sudan0.30.30.48.7207.2%
Others44.167.640.755.58.0%
Total71.890.067.5953136.8%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from the United Arab Emirates in 2022:

  1. Iran (42.5 tons)
  2. Indonesia (30.3 tons)
  3. Niger (27.5 tons)
  4. Togo (17.0 tons)
  5. Iraq (14.8 tons)
  6. Senegal (10.4 tons)
  7. Mauritania (7.2 tons)
  8. Armenia (6.4 tons)
  9. China (5.6 tons)
  10. Ghana (4.7 tons)
  11. Sudan (3.0 tons)

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates

In 2022, approx. 102 tons of spices; cloves (whole fruit, cloves and stems), crushed or ground were imported into the United Arab Emirates; with an increase of 441% against the previous year. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $944K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia31.540.153.7437140.3%
Sri Lanka0.40.637.7219718.1%
Madagascar58.546.730.916842.1%
Germany11.929.27.058.169.6%
MyanmarN/AN/AN/A0.90%
Brazil7.85.12.8N/A-40.1%
Others18.627.619.260.748.3%
Total12914915194494.1%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to the United Arab Emirates in 2022:

  1. Indonesia (53.5 tons)
  2. Sri Lanka (20.4 tons)
  3. Madagascar (20.0 tons)
  4. Germany (3.9 tons)
  5. Myanmar (2.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems), crushed or ground - United Arab Emirates